Feb 6, 2019
Ocado warehouse fire: Sales warning as shares drop
Ocado shares have dropped 6% and the retailer has warned over a hit to sales following a huge fire which swept through its warehouse in Hampshire. Ocado has not given any detail about what the impact will be to customers. Ocado said it had comprehensive insurance for the property, stock and equipment and for business interruption losses. HFRS. Hampshire Fire and Rescue Service said about 70 firefighters remain at the site and urged nearby residents to keep doors and windows shut. HFRS. On Tuesday Ocado said it had cancelled some customer orders because of the fire and it was "Working hard to resume normal service as soon as possible".
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